Bill Gates, co-chair of the Bill and Melinda Gates Foundation and the former chief executive and chairman of Microsoft, the world’s largest personal-computer software company has praised Somaliland’s leading telecommunication Company Telesom for its mobile money banking and transfer service, Zaad Service during his speech at Sibos closing plenary in Boston on October 3, 2014.

In his speech, Bill Gates said, “Through innovation TELESOM has managed to introduce digital currency transfers and now Somaliland has one of the fastest growing Mobile money services where Company facilitated Somaliland people to send money through mobile phones.